THIS PROGRAM IS DELAYING PAYOUTS! PLEASE DON’T INVEST!

Hi everybody! For today’s first post I have another interview. This time it is with David Scheiffe from GeneticsIndustry. For those of you not in the know, that’s a relatively new (about a month) HYIP that offers just one low rate of interest long term plan. It pays you a perpetual 1.5% daily on your investment until such a time as you decide to leave. The main advantages here being that payments are made instantly to your LibertyReserve account and and you can withdraw your principal when you want. So you can plan your investment accordingly.

As for their supposed involvement in genetics research, well you can take what you like from that information. I guess most regular readers will know by now my feelings about such claims. Take it with as large a pinch of salt as you like. The choice will always be no one else’s but yours. What I will vouch for though is the good value and the sustainability of the plan. For more information you can always check my original review published here. Let’s hear from David first and think about what he has to say.

“1. Please introduce yourself to the readers of money-news-online and tell us about your personal involvement with GeneticsIndustry. Have you ever been involved in an online HYIP before? What experience do you have in managing investors money?

I’m David Scheiffe, professional project manager and PR-manager. I was invited to administer and support GeneticsIndustry project. I’m not managing money and have no idea about that.

2. Tell us also about these “specialty managers”. What are their names and what are there roles in the program? What qualifications do they have in the fields of business, financial management or even genetic research? From what institutions did they achieve these qualifications? What practical experience do they have in their respective areas?

I really don’t have the right to reveal any names. The single role of these specialty managers is to make and manage investment deals with genetics related companies and their representatives. Our managers have years of experience with financial management and know their business. That experience was achieved in many years involved with managing funds and making huge investment deals in genetics development and research sphere.

3. What are the investment plans being offered by GeneticsIndustry at the moment? What are the minimum and maximum amounts to invest? Are payouts automatic or should I request them? What payment processors are you currently dealing with?

At the moment we offer only one plan, with provides 1.5% revenue daily. Minimum amount to invest there is $10 with no maximum. Earnings credited on your account balance daily and you withdraw them through the members area. All payouts are processed instantly. We currently accept LibertyReserve as most popular and chosen payment processor in online investment.

4. Why is LibertyReserve the only payment processor you are currently dealing with? Doesn’t that isolate a huge number of potential investors, particularly those from the US and Canada who don’t particularly like that option?

As I personally know, LR is mostly popular option in online investments. For our US and Canada customers, PerfectMoney will be avaliable soon, with their direct bank wire funding and withdrawals.
Other currencies can be easily exchanged on LR, right? There is a huge amount of exchangers ready to help with that.

5. Can you explain to us in detail the security of GeneticsIndustry? What measures have you taken to protect members from identity theft? Who is your hosting provider and how is the site protected from hackers and DdoS attacks? Do you have SSL encryption?

Our members don’t need to undergo any verification procedure, so their investments can be completely anonymous. We provide additional brute force protection, where member’s accounts will be automatically locked after numerous failed login attempt made. Unlock code sent automatically to the members registration e-mail. Also we provide additional transaction code features, that every member needs to supply during the registration and at withdrawal request procedures. Our website is hosted on a dedicated server from NetDirekt, located in Germany. We set-up strong hardware DDoS protection in close cooperation with NetDirekt NOC specialists. At lastly, we provide strong 256bit SSL connection encryption on entire website, so no any information, entered on our site, can be detected or stolen somehow.

6. If you are involved in the area of genetics research then it must be safe to assume that you first of all have some official government sanction, and perhaps are also linked to the research department of a reputable university. Please tell us about that and tell us about where we might find more information on this online.

Our managers have established connections with huge genetics research companies and working hard to provide more. Our website is only Internet representative area of a big background company, that is willing to remain in the background due to the nature of this industry. Unfortunately, you can’t find any connections of GeneticsIndustry LLC with any genetics related company, because that’s our subsidiary company only for internet business and it doesn’t make any other deals.

7. Furthermore, if I invest in GeneticsIndustry how will my money be managed by you? How will you reinvest in? Doesn’t research in this area take years to generate a profit, if indeed it ever does? How can you generate 1.5% per day?

Managers reinvest money in high potential research programs with our own funds.
Our own investment portfolio is much greater than the $7000 that we collected from the internet arena.

So, we pay 1.5% revenue from our own old investment deals, signed many years ago, while investing newly collected funds in young research programs with a high potential for returns.

8. How have you been promoting the program so far? What advertising strategy are you using? How big a part have the existing members played in this? Are you satisfied with that level of support? Could anything be done to improve on this? Is there any referral competitions to motivate members to get more active in the promotion of GeneticsIndustry?

Currently, our program is promoted as any standard HYIP, adding monitors, advertising on forums and blogs, being reviewed with popular investment blogs and so forth. Instead, our existing members, imho, must act only as investors, and nothing more. Of course, they can freely promote us all around the net by any method, except spam and abuse, that we will not tolerate. Referral links and banners are avaliable in our members section, only for registered members.

There are no any referral competitions or some other “giveaways” planned, all investors money will be instantly converted for our specialty managers. We do not tolerate MLM or something like that, 5% referral revenue is our “thanks” for the help of advertiser or promoter.

9. What about the success of GeneticsIndustry so far? Are you pleased with the level of growth to date? Can you give us any statistics on the amount of members and the total amount deposited? What are your expectations over the coming months?

Our program is growing well now, due to some lags with LR at the start, we lost a little tempo in terms of growth, but I’ve worked hard to correct that issue :) All statistics are freely available on our index page, anyone can go and take a look. I think that in some 2-3 months our program will be huge and well known as paying without any complaints.

10. What level of customer support do you offer members? How can they contact you if they have any issues with their investments? Do you offer telephone or e-mail support? Do you have an office where we can see your address? If not how can you expect people to invest their money with you if they can not find you later?

We’re offer 24/7 e-mail support at support@geneticsindustry.com or trough our website support form. Any investor can contact us anytime with some questions, issues or problems. They will be answered/solved ASAP!

Our main company is based and have their offices in Costa Rica, address available for anyone, but personal meetings need to be previously scheduled with us. So, no problems with transparency.

11. A lot of good HYIPs have opened recently. There is a pretty big choice out there for the investor so if you had just one thing to say to potential investors to convince them to give you their money, what would it be?

Don’t throw away your money. to 99.9% of them are scams out there. Trust your money only to professionals!

12. What do you say to some people who have moral objections to certain aspects of your work? Stem cell research for example. Or genetically modified (GM) food.

That’s not our work. These complaints need to be addressed to research programs or companies, not us. We are involved only with financial and investment management. If these are problems with our business, some another company or individual will deal with that instead…

My personal opinion – it doesn’t really matter to me.

13. Finally what is your honest opinion of my blog? Do you consider it a worthwhile resource for online investors?

I’m reading MNO every single day, and find it most honest and popular in the industry.
Easy to read, lot of info with your pro personal opinion. Every investor must consider it as the most reliable news source and most honest monitoring service in the HYIP industry. If I will make a spend – I will read your review, interview and check your monitoring page first! Continue your perfect job, Paul! Good luck!”

Now I must admit that at first I was just a little skeptical. I can’t help it but the phrase “genetic research” just puts an image of Boris Karloff as Frankenstein in an old 1930’s horror movie into my head. You are free as you always are to regard that information offered here whatever way you like and you as investors have every right to contact the admin and ask all the questions you like. If anybody does not like my questions then I urge you to send him your own. But what I want to do here is simply comment on GeneticsIndustry from the point of view of a regular member which is all I am. And so far it’s been good to me. The payments are fast, direct, and on time every day. And it’s secure too. What more could you possibly ask for? Just remember (as always) there are no guarantees anywhere in this businesses, so spend what you can afford and diversify your portfolio.